The future price is $103.10, compared with the $99.6135 the bonds were sold at yesterday.
The news helped sink cattle future prices to their lowest level in 13 months.
However they may add to the cost now but reduce it later, and that depends on future prices of fuel.
When it comes to future prices, of course, all is speculation.
Thus, the firms are going to have to use some sort of method to forecast what the future price will be.
Hence, expected future prices should be higher than they currently are.
They do not need refuelling at a future price unknown.
He bought options, which let you bet on future prices.
In both cases they made their profit from the present discount against the future price.
The department's report estimates a future price of oil double what the industry anticipates.
